Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Cebu Air's retained earnings for the quarter that ended in Mar. 2026 was ₱14,460 Mil.
Cebu Air's quarterly retained earnings
increased
from Sep. 2025 (₱12,043 Mil) to Dec. 2025 (₱14,880 Mil) but then
declined
from Dec. 2025 (₱14,880 Mil) to Mar. 2026 (₱14,460 Mil).
Cebu Air's annual retained earnings
increased
from Dec. 2023 (₱-16,266 Mil) to Dec. 2024 (₱5,404 Mil) and
increased
from Dec. 2024 (₱5,404 Mil) to Dec. 2025 (₱14,880 Mil).
Cebu Air (PHS:CEB) Retained Earnings Explanation
Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.
For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.
If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.
Of course, many companies with negative retained earnings have indeed lost money in the past.
Retained Earnings: Warren Buffett's Secret.
One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.
If the company loses more than it has accumulated, retained earnings is negative.
If a company isn't adding to its retained earnings, it isn't growing its net worth.
Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.
Microsoft is negative because it chose to buyback stock and pay dividends.
The more earnings retained, the faster it grows and increases growth rate for future earnings.
Cebu Air Retained Earnings Historical Data
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The historical data trend for Cebu Air's Retained Earnings can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.
Of course, if a company loses, it is called retained losses, or accumulated losses.
What does a Retained Earnings of ₱14,460 Mil mean?
Cebu Air (PHS:CEB) has a Retained Earnings of ₱14,460 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Cebu Air and its competitors.
Is Cebu Air's Retained Earnings too high?
Cebu Air's current Retained Earnings is ₱14,460 Mil. Overall, Cebu Air has a GF Score™ of 82/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Cebu Air's Retained Earnings compare to DAL and UAL?
Cebu Air's Retained Earnings of ₱14,460 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Transportation company?
A good Retained Earnings depends on the Transportation industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Cebu Air and its competitors. Cebu Air's current Retained Earnings is ₱14,460 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cebu Air stock overvalued right now?
Based on GuruFocus' analysis, Cebu Air (PHS:CEB) is currently considered Possible Value Trap. The stock's GF Value™ is ₱48.94, compared to a current price of ₱29.35 — trading 40% below its estimated fair value. The current Retained Earnings is ₱14,460 Mil. Cebu Air's overall GF Score™ is 82/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Cebu Air (PHS:CEB), the current Retained Earnings is ₱14,460 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Cebu Air (PHS:CEB) Overvalued in 2026?
Based on GuruFocus' analysis, Cebu Air stock appears to be undervalued.
The current stock price of ₱29.35 is trading 40% below its estimated GF Value™ of ₱48.94.
GuruFocus considers Cebu Air to be Possible Value Trap.
Key valuation signals for PHS:CEB:
Retained Earnings: ₱14,460 Mil
GF Value™: ₱48.94 vs. price of ₱29.35 (40% below fair value)
No single metric tells the full story. See the PHS:CEB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cebu Air Inc is a carrier in the Philippine air transportation industry. It has two reportable operating segments, has three reportable operating segments, which is the airline business (Parent Company, CEBGO and AirSWIFT), line, light and base maintenance business (A-Plus) and ground handling business (1Aviation). The revenue of the company was mainly derived from rendering transportation services, line, light and base maintenance services and ground handling services.
82GF Score
Get the complete analysis for PHS:CEB
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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